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DBRS rates Caffil notes AAA
DBRS said it assigned an AAA rating to the RCB 2022-1 notes issued under the Caffil SCF (Caisse Française de Financement Local) public sector covered bonds program. RCB 2022-1 is a €10 million fixed-rate bond that pays a coupon of 0.4125% and matures on Jan. 26, 2032.
DBRS also discontinued its ratings on four series that matured in January 2022.
All covered bonds issued under the program rank pari passu and are rated AAA, DBRS said.
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